Bangladesh, June 8 -- Bangladesh's inflation rate increased in May, driven by higher prices across both food and non-food categories, adding to the cost-of-living pressures facing households.
Data released by the Bangladesh Bureau of Statistics (BBS) on Saturday showed that point-to-point inflation rose to 9.42 per cent in May from 9.04 per cent in April. The latest figure was also slightly higher than the 9.05 per cent recorded in May last year.
The rise suggests that inflationary pressures have become more broad-based, with consumers facing higher costs for essential food items as well as a range of goods and services.
Food inflation rose sharply during the month, reaching 9.06 per cent in May compared with 8.39 per cent in April. The ...